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      Subscribe to BNB Locked Products or ETH Staking to Share Up to 220,000 ALT in Airdrop Rewards

      This is a general announcement. Products and services referred to here may not be available in your region.

      Fellow Binancians,

      Binance Earn is pleased to launch a promotion for BNB Locked Products and ETH Staking. Complete subscriptions to BNB Locked Products and/or ETH Staking now to earn multiple rewards:

      • A share of up to 220,000 ALT in airdrop rewards

      • Earn up to 3.5% APR in BNB rewards and ongoing Launchpool rewards with BNB Locked Products positions

      • Earn up to 3.37% in APR rewards with ETH Staking positions

      Promotion: Subscribe to BNB Locked Products or ETH Staking to Share Up to 220,000 ALT in Airdrop Rewards

      Promotion Period: 2024-02-20 00:00 (UTC) to 2024-03-03 23:59 (UTC)

      During the Promotion Period, users who fulfill the following requirements will be eligible to participate:

      • Opt-in to the promotion

      • Subscribe to BNB Locked Products with at least 0.5 BNB or ETH Staking with at least 0.0001 ETH

      All eligible users will then be ranked by their net BNB Locked Products and ETH Staking subscription amount (where net subscription amount means the total BNB Locked Products and ETH Staking subscription amount less the amount of assets redeemed from BNB Locked Products and ETH Staking) during the Promotion Period

      The top 500 users will qualify to share the dynamic rewards pool unlocked during the Promotion Period, as per the reward structure below.

      Dynamic Rewards Pool:

      The total size of the dynamic rewards pool unlocked depends on the net BNB Locked Products and ETH Staking subscription amount of all qualified participants during the Promotion Period, and can go up to 220,000 ALT.

      Net BNB Locked Products and ETH Staking Subscription Amount of All Qualified Participants During the Promotion Period (USDT Equivalent)

      Unlocked Dynamic Rewards Pool 

      ≥ 275,000

      100,000 ALT

      ≥ 300,000

      150,000 ALT 

      ≥ 400,000

      220,000 ALT 

      Reward Structure:

      Sort by Net BNB Locked Products and ETH Staking Subscription Amount During the Promotion Period

      Reward per Eligible User

      100,000 ALT Dynamic Rewards Pool 

      150,000 ALT Dynamic Rewards Pool 

      220,000 ALT Dynamic Rewards Pool 

      1st - 10th Places

      800 ALT

      1,000 ALT

      1,300 ALT

      11th - 20th Places

      700 ALT

      700 ALT

      1,000 ALT

      21st - 30th Places

      600 ALT

      650 ALT

      850 ALT

      31st - 40th Places

      500 ALT

      550 ALT

      750 ALT

      41st - 50th Places

      400 ALT

      500 ALT

      600 ALT

      51st - 100th Places

      300 ALT

      400 ALT

      500 ALT

      101st - 300th Places

      175 ALT

      300 ALT

      450 ALT

      301st - 500th Places

      100 ALT

      180 ALT

      300 ALT

      Join the Promotion Now!

      About BNB Locked Products & Launchpool Rewards:

      • Users may subscribe to BNB Locked Products using their BNB assets at any time to earn the following rewards:

        • Launchpool Rewards (where applicable)

        • BNB Rewards (Refer to the latest APR)

      • Only users in qualified countries/regions will automatically receive Launchpool rewards for holding BNB Locked Products positions

      • Users are not required to manually redeem their BNB assets from BNB Locked Products to participate in Launchpools. 

      • Rewards calculation for Launchpools is the same, regardless of whether users subscribe to BNB Locked Products or stake their BNB directly in Launchpools. 

      • When there are multiple Launchpool projects running concurrently, users’ BNB assets in Locked Products will automatically be equally allocated to each Launchpool project the user is eligible for. 

      • Read more: Binance Extends Launchpool Rewards to Users with BNB Locked Products Positions.

      Terms & Conditions:

      • Only users who complete identity verification and confirm their participation during the Promotion Period can qualify for rewards in this Promotion. 

      • Binance reserves the right to adjust APRs at any time without prior notice. Please refer to Binance Simple Earn Terms of Use prior to using BNB Locked Products or any other products on the Binance Simple Earn platform, as well as the Binance ETH Staking Terms and Conditions prior to using ETH Staking. 

      • Users may also view the FAQs on Simple Earn Locked Products and ETH Staking for more information.

      • The rewards specified in the table above are limited to the top 500 eligible users only.

      • Each sub-account will not be viewed as an independent account when participating in this Promotion. 

      • ALT token rewards will be airdropped to eligible users by 2024-03-29 23:59 (UTC). Users may find their rewards via Profile > Assets > Spot Wallet

      • Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.

      • Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.

      • Binance Simple Earn will redeem the digital assets/digital currencies subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

      • Users can view their assets on Simple Earn Locked Products and Flexible Products by going to Wallets > Earn.

      • Users may enable the “Auto-Subscribe” function before completing subscriptions to BNB Locked Products, which will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry.

      • Unlock period for Locked Products: One day.

      • About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.

      • Additional promotion terms and conditions can be accessed here.

      • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

      Thank you for your support!

      Binance Team

      2024-02-20

      Read the original article at binance

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